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US Treasury chief Lew's China market view askew

2015-07-19 18:51:41| Auto Dealers - Topix.net

Successful or not, Beijing's policy measures to stabilise its share market will be felt worldwide in various ways, contrary to US official's belief US Treasury Secretary Jack Lew's conclusion that China's markets will not cause turbulence elsewhere is untenable. Photo: Reuters "China's markets are still pretty much separated from world markets," US Treasury Secretary Jack Lew said on July 8, arguing turbulence in Chinese financial markets was unlikely to spill over elsewhere.

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Nylon/Polyamide and Caprolactam Market Prices in China (Monthly Report)

2015-07-14 20:04:01| EmergingTextiles.com

Nylon 6 prices have declined in the past weeks over a fall in demand from processors in China and lower raw material costs. Our monthly report covers the latest trends of nylon (polyamide) 6 prices, also offering a detailed view of the caprolactam (CPL) prices in China. The nylon/CPL spread is also calculated for assessing gross margin trends for polyamide producers. Daily prices of the past 12 months are available for download.

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BMW says China remains a vital market even as JV partner warns on profit

2015-07-14 07:12:57| Automakers - Topix.net

BMW Group reiterated its belief that China will remain an important market, even as its Chinese joint-venture partner Brilliance China Automotive warned about a 40 percent decrease in profit in the first half of 2015. Brilliance on Monday said it expected the decrease in profit attributed to equity holders, to be caused mainly by a drop in the results of BMW Brilliance Automotive.

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Bond market innovation help China climate change pledge

2015-07-13 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Morning Post: World leaders have agreed to limit global average temperature rises to within 2 degrees celsius. To achieve this, the Intergovernmental Panel on Climate Change recommends a 40-70 per cent reduction in greenhouse gas emissions by mid-century from 2010 levels, and decarbonisation of the global economy by the end of the century. The leaders of the G7 countries emphasised the importance of these targets at their summit in Germany last month. As the worlds largest greenhouse gas emitter, China has...

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China auto market growth forecast slashed to 3%

2015-07-10 12:22:58| Auto Dealers - Topix.net

China's vehicle sales only will grow 3 percent year-on-year in 2015, an industry association said on Friday, in a major downward revision of its prediction for the year. The China Association of Automobile Manufacturers in January said it expected combined sales for passenger and commercial vehicles to grow 7 percent to 25.1 million this year, compared with 6.9 percent in 2014.

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